The program was at the center of a fight that broke out between President-elect Donald Trump's supporters over the holidays. Elon Musk and other tech executives defended H-1B visas as crucial to the success of U.S. businesses. Other stalwarts in the MAGA movement said tech companies should be forced to hire American workers.
Amazon.com, Google and Tesla are among the biggest users of the visas, which let companies bring foreign workers to the U.S. on a temporary basis. The workers overwhelmingly come from India and fill jobs in such fields as software development, computer science and engineering.
Created by Congress in 1990, the H-1B program is the main pathway to the U.S. for highly skilled foreign workers. Visa holders can eventually become eligible to apply for green cards, which would let them stay in the country indefinitely.
The program is vastly oversubscribed, with new visas capped at 85,000 a year. Companies file hundreds of thousands of petitions for the visas a year. A lottery system helps decide who gets in. Employees of universities and other nonprofits are generally exempt from the cap.
Diese Geschichte stammt aus der January 02, 2025-Ausgabe von Mint Ahmedabad.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der January 02, 2025-Ausgabe von Mint Ahmedabad.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Strategies to achieve ₹1 cr with a current portfolio of ₹47.4 lakh
I'm 28 years with a ₹47.4 lakh portfolio (₹36.5 lakh in equities, rest in mutual funds). I invest ₹25,000 via monthly SIPs, increasing 10% annually. With no liabilities, I plan to invest ₹10 lakh more. How can I grow my portfolio to ₹1 crore in two years, or by 30 years?
UPI Circle: Blending control and ease in digital payments
How this new feature is making digital payments simple, secure and stress-free for families
Five new industrial clusters from India join WEF initiative
As many as 33 industrial clusters from 16 countries, including five from India, on Wednesday committed to economic growth, jobs creation and emission cuts as part of the World Economic Forum's (WEF) Transitioning Industrial Clusters Initiative.
Wallace & Gromit and the charm of claymation
During a recent interview with The Independent, the English filmmaker and animator Nick Park expressed his bemusement at Feathers McGraw, the anthropomorphic chicken antagonist from his latest animated film, Wallace & Gromit: Vengeance Most Fowl (released on Netflix earlier this month), becoming a hated onscreen villain.
HDFC profit up 2.3% in Q3, loan growth slows
Credit growth rebound by FY27, slower loan growth part of strategy: CFO
Davos Reaction to Trump 2.0: Buckled Up for His New Term
The global elite know Donald Trump better than almost anyone after his first presidency shocked boardrooms
Marginal hike likely for fund to build farm produce buffer
Budget may increase outlay for supporting the procurement of pulses, onions and potatoes
Basic technology R&D: Let's wake up before it's too late
India's future in AI and in other fast-emerging technologies depends on our will to invest in the unknown
Lodha Versus Lodha: Inside a New Brand Battle
If Mangal Prabhat Lodha's elaborate family settlement plan was designed to prevent conflict, it was a grand failure
Cabinet nod for a higher support price for raw jute
The Union cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved an increase in the minimum support price (MSP) for raw jute for the 2025-26 marketing season, set at ₹5,650 per quintal, representing a rise of ₹315 per quintal from the previous season's MSP of ₹5,335.